On the morning of March 29, in Dong Hoi City, Quang Binh Province, a meeting with businesses and investors in the first quarter of 2025 was held.
Strong economic growth, overcoming difficulties and challenges
In 2024, Quang Binh province will face many difficulties and challenges due to global economic fluctuations, natural disasters and changes in investment and land laws. However, with a spirit of determination and creativity, the province has achieved a growth rate of 7.18%, budget revenue increased by 30.2% compared to 2023.
Chairman of the People's Committee of Quang Binh province Tran Phong affirmed that the efforts of the business community and investors have made an important contribution to helping the local socio-economic development continue. He emphasized that the government will always accompany and remove difficulties to create a favorable, transparent and public investment environment.
Chairman Tran Phong said that Quang Binh's economic growth target in 2025 is 8%, creating a solid foundation to achieve double-digit growth in the period of 2026 - 2030. To achieve this goal, the province will promote administrative reform, shorten the time for handling procedures by at least 30%, and at the same time transform digitally in management and provision of public services.
In addition, the province is also determined to completely handle suspended projects, slow-progressing projects, and reclaim land to create opportunities for new investors with more potential and determination.
Accompanying businesses
The Chairman of the People's Committee of Quang Binh province affirmed that the government will continuously improve the investment environment, promote digital transformation, improve management efficiency, and accompany businesses in the development process.
Mr. Tran Phong emphasized the important role of the private economy in local development, considering businesses as the service of the government. The province will create the most favorable conditions for businesses to expand production and business, and participate more deeply in areas such as tourism, agriculture, services and manufacturing and processing.
In addition, Quang Binh province will also increase the attraction of potential and reputable enterprises, implement large projects, create influence, promote sustainable economic development.
In the context of international integration and the 4.0 industrial revolution, Quang Binh aims for breakthrough development based on science and technology, digital transformation and innovation. The government will create a favorable, public and transparent environment to attract investment and promote socio-economic development.
Chairman Tran Phong called on businesses to boldly innovate, promote the application of technology, and improve competitiveness. At the same time, the province will encourage businesses to participate in social security activities, care for workers' lives, and practically fulfill social responsibilities.
Chairman of the People's Committee of Quang Binh province Tran Phong expressed his confidence in the spirit of solidarity and determination of the government and the business community and investors. He emphasized that the government will constantly listen, absorb opinions and remove difficulties, create the most favorable conditions for businesses to develop sustainably, making Quang Binh an attractive and prosperous destination for domestic and foreign investors.
